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Stocks of Trucking Companies Not Immune to Drop
Though it kept rolling in the immediate aftermath of the Sept. 11 terrorist attacks, the trucking industry couldn’t buck the downward trend in stock prices Monday as Wall Street reopened for business.
September 18, 2001Analysts Concerned Terrorist Attacks Could Push Nation Into Full Recession
While last week’s terrorist attacks triggered tremendous short-term dislocations of U.S. freight systems, trucking activity will suffer much more if the events of last week push the broad U.S. economy into a hard recession as many analysts now fear.
September 17, 2001Fed Cuts Interest Rates by Half-Point
The Federal Reserve cut the overnight bank lending rate a half-percentage point to 3% on Monday morning.
September 17, 2001Executive Briefing - Sept. 17
Officials Watch Movement of Hazardous Materials; UPS, Landstar to Buy Back Shares; UPS Reinstates Air Guarantees; Attacks Mean an Uncertain Future for OPEC; European Markets Fall, Then Rise; and more...
September 17, 2001Diesel Price Nears High Point for Year
The retail price of diesel fuel rose 3.5 cents per gallon last week to $1.527, the highest average price since May 28, when it hit the year high of $1.529..
September 17, 2001Airlines Pounded by Stormy Market’s First Day
As rescue crews sift through rubble in Manhattan and Washington, D.C., U.S. passenger airlines are picking up the pieces of their industry and preparing to face an anticipated slowdown in air travel.
September 17, 2001U.S., Canadian Trucking Associations Work to Ease Border Delays
Trucking associations in both the United States and Canada are looking for solutions to delays of several hours or more for truckers attempting to enter the country – delays engendered by heightened security along the U.S. border in the aftermath of the terrorist attacks on New York and Washington.
September 17, 2001Dow Drops 684 Points; Closes Below 9,000
A poignant ceremony to re-open the New York Stock Exchange gave way to a more than 700-point drop in the Dow Jones index, pushing it below the 9,000 mark for the first time in more than 2 1/2 years.
September 17, 2001Trucking Technology Alert - Sept. 17
WHO Wants More Mobile Risk Research; Penske Embraces Analysis Tool; and more...
September 17, 2001Executive Briefing -- Sept. 14
FAA Clears Some European Airlines; ATA Kicks Off 'Operation Diesel Watch'; Crude Oil Prices Soar in London; Waste Management Companies Bid for Clean Up; and more...
September 14, 2001